Ohio incomes stay flat in 2012, Census data shows

9:19 AM,
Sep. 19, 2013

Written by

Russ Zimmer
CentralOhio.com

Income growth was nonexistent for the typical Ohio household last year, according to new estimates from the U.S. Census Bureau, and experts aren't optimistic that will change until 2014 at the earliest.

The bureau's estimate of $46,829 per home in 2012 was not a statistically significant change from 2011, after adjusting for inflation. It was the second consecutive year of stagnation for household revenue after a steep decline from 2009 to 2010.

"I do not think we're going to see (improvement) this year and I'm not sure we'll see it even next year," said Bill LaFayette, owner of Regionomics ...